Investments (Tables)

12 Months Ended

Jun. 28, 2014

Investments, Debt and Equity Securities, Equity Method Investments and Joint Ventures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following tables summarize the valuation of the Company’s financial instruments carried at fair value by the above pricing categories as of June 28, 2014 and June 29, 2013 (in millions):

	June 28, 2014
	Level 1		Level 2		Level 3		Total
Assets:
Investment securities	$	20.7	$	—	$	—	$	20.7
Foreign currency forward contracts	—		3.1		—		3.1
Funds associated with Israeli post employment benefits	—		19.3		—		19.3
Total	$	20.7	$	22.4	$	—	$	43.1
Liabilities:
Contingent consideration	$	—	$	—	$	17.4	$	17.4
Interest rate swap agreements	—		8.3		—		8.3
Foreign currency forward contracts	—		0.8		—		0.8
Total	$	—	$	9.1	$	17.4	$	26.5

	June 29, 2013
	Level 1		Level 2		Level 3		Total
Assets:
Foreign currency forward contracts	$	—	$	8.0	$	—	$	8.0
Funds associated with Israeli post-employment benefits	—		16.1		—		16.1
Total	$	—	$	24.1	$	—	$	24.1
Liabilities:
Contingent consideration	$	—	$	—	$	22.2	$	22.2
Interest rate swap agreements	—		10.8		—		10.8
Foreign currency forward contracts	—		0.4		—		0.4
Total	$	—	$	11.2	$	22.2	$	33.4

Schedule of Unrealized Gains (Losses) on Available for Sale Securities

Net unrealized investment gains (losses) on available for sale securities were as follows (in millions):

	Fiscal Year
	2014			2013		2012
Net unrealized investment gains (losses):
Equity securities, at cost less impairments	$	17.1		$	—	$	7.6
Gross unrealized gains	3.8			—		$	—
Gross unrealized losses	(0.2		)	—		(1.1		)
Estimated fair value of equity securities	$	20.7		$	—	$	6.5